PIERCE EST. OIL & GAS INTS.

Operated by IV STANDARD, LLC (P-5 103468) in the DUNCAN SLOUGH, S. (FRIO, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 48189District 03Field 26510500CondensateGasSaveExport
Value, all time
$6.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$182 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1970-01-30
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: FIELD ADMINISTRATIVELY BALANCED EFF 10-1-02 PER OPERATOR REQUEST

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition26,814 bbl$1,163,251
GasProduction1,921,512 Mcf$5,739,329
Total$6,902,580

551,914 Mcf of this lease's gas, across 38 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.8233, -96.0881. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.82328, -96.08806 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,478 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,478 ft.

Completions filed
Mar 1970
1 of 1 wells

1 well

42-32130077111,478 ftMar 1970

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20261822,711106.413.05$27,624
Apr 202602,13998.932.87$6,138
Mar 202602,39989.753.15$7,556
Feb 202603,46463.503.75$12,991
Jan 20261922,50959.138.00$31,420
Dec 20251843,23056.664.41$24,681
Nov 2025086158.593.93$3,381
Oct 202502,52059.383.30$8,328
Sep 202502,58162.743.08$7,942
Aug 202502,65463.933.01$8,001
Jul 202505,46666.743.32$18,121
Jun 20251824,25466.483.13$25,409
May 202502,53160.553.23$8,181
Apr 202503,36262.363.54$11,912
Mar 202502,12867.704.27$9,083
Feb 202502,98970.884.34$12,975
Jan 20251841,88174.324.28$21,723
Dec 202402,66368.993.12$8,312
Nov 202402,50869.052.20$5,514
Oct 20241872,22771.372.28$18,427
Sep 202405,87769.612.36$13,895
Aug 202407,33975.632.06$15,145
Jul 202404,52679.932.15$9,715
Jun 202405,66678.082.63$14,924
May 20241823,01778.812.20$20,976
Apr 202401,52784.451.66$2,534
Mar 202403,08980.301.55$4,773
Feb 202401,55776.091.78$2,777
Jan 20241892,78373.023.30$22,978
Dec 202302,06971.262.61$5,402
Nov 202303,08077.892.81$8,647
Oct 202303,40985.443.09$10,525
Sep 202302,72289.042.74$7,445
Aug 20231812,90580.522.67$22,339
Jul 202302,60774.852.64$6,887
Jun 202303,02068.962.26$6,821
May 20231823,10970.622.23$19,778
Apr 202303,41978.122.24$7,651
Mar 20231773,11372.852.39$20,344
Feb 202302,59975.112.47$6,408
Jan 202302,31676.533.39$7,846
Dec 202201,91276.415.73$10,954
Nov 202202,55685.005.65$14,432
Oct 202202,66587.185.86$15,627
Sep 20221853,13684.888.16$41,304
Aug 202202,57294.529.13$23,475
Jul 202202,544101.587.54$19,187
Jun 202202,912115.097.98$23,230
May 202202,683109.378.43$22,626
Apr 202202,773104.226.84$18,961
Mar 20221882,834108.885.08$34,856
Feb 20221812,33091.054.86$27,801
Jan 202201,54781.844.54$7,020
Dec 202102,95471.323.90$11,518
Nov 202102,71077.435.24$14,192
Oct 202102,89679.795.71$16,547
Sep 202103,00669.865.35$16,085
Aug 20211823,09166.024.22$25,061
Jul 202103,18570.783.98$12,683
Jun 20211802,77969.493.38$21,903
May 202103,10863.483.02$9,379
Apr 202103,01460.362.76$8,314
Mar 202102,23961.302.72$6,083
Feb 20211802,03157.805.55$21,672
Jan 202102,25450.412.81$6,334
Dec 202003,07244.642.68$8,219
Nov 202002,79138.772.71$7,554
Oct 202003,24036.972.48$8,030
Sep 202003,03637.091.99$6,045
Aug 20201883,17639.982.39$15,091
Jul 20201842,95338.371.83$12,450
Jun 202003,08034.901.69$5,206
May 202003,03916.921.81$5,515
Apr 202002,93214.751.80$5,290
Mar 20201912,41130.341.86$10,270
Feb 202003,49349.881.98$6,918
Jan 202003,47457.252.09$7,277
Dec 201902,31059.012.30$5,323
Nov 201902,18155.302.75$5,999
Oct 201903,49953.472.42$8,462
Sep 20191663,46955.052.66$18,356
Aug 201903,90953.112.30$9,008
Jul 201901,21256.272.46$2,982
Jun 201902,74652.782.49$6,841
May 20191753,06658.482.74$18,636
Apr 201903,36062.632.75$9,242
Mar 201903,58456.803.06$10,975
Feb 20191663,09550.852.79$17,083
Jan 201903,42046.033.23$11,040
Dec 201803,31246.594.19$13,862
Nov 201801,89352.934.24$8,021
Oct 20181782,03961.443.40$17,865
Sep 201803,31459.543.11$10,300
Aug 201803,51359.403.07$10,773
Jul 20181753,17165.142.93$20,696
Jun 201802,93860.183.08$9,040
May 201804,77465.382.90$13,848
Apr 201803,09363.842.90$8,972
Mar 201803,20061.222.79$8,918
Feb 20181773,25761.782.77$19,944
Jan 201802,42262.874.01$9,711
Dec 20173713,23557.272.92$30,698
Nov 201703,33155.423.12$10,387
Oct 201703,39749.292.98$10,136
Sep 201703,50247.523.09$10,812
Aug 20171842,58345.373.00$16,108
Jul 201703,41743.873.09$10,549
Jun 201703,46142.493.09$10,685
May 201703,55145.373.26$11,588
Apr 20171913,43147.933.21$20,174
Mar 201703,55546.772.98$10,607
Feb 201703,23350.452.95$9,546
Jan 20171863,49649.413.42$21,142
Dec 201603,45248.763.72$12,851
Nov 201603,59442.492.64$9,504
Oct 201603,24446.193.09$10,025
Sep 201603,38541.553.10$10,496
Aug 201603,65641.442.92$10,691
Jul 20161793,70741.622.92$18,291
Jun 201603,63045.352.69$9,750
May 20161873,72142.521.99$15,360
Apr 201603,34236.561.99$6,654
Mar 201603,74633.011.79$6,720
Feb 201603,43426.472.06$7,087
Jan 20161793,78127.352.36$13,835
Dec 201503,81032.362.00$7,625
Nov 201503,62938.792.17$7,865
Oct 20151923,77443.552.43$17,520
Sep 201503,77442.992.76$10,410
Aug 201503,65840.162.87$10,508
Jul 20151783,87448.152.95$19,980
Jun 201503,41756.152.88$9,851
May 201503,67755.212.96$10,867
Apr 201503,66749.822.71$9,925
Mar 20151803,71342.892.93$18,617
Feb 201503,39644.662.98$10,107
Jan 201503,51243.433.10$10,889
Dec 20141793,78054.693.59$23,365
Nov 201403,39170.464.25$14,418
Oct 201403,97878.303.90$15,518
Sep 201403,77186.164.05$15,255
Aug 201403,46489.394.04$13,978
Jul 20141763,40796.564.18$31,234
Jun 201403,56198.164.74$16,868
May 201403,70694.734.73$17,517
Apr 201403,58395.944.81$17,231
Mar 20141813,76895.895.06$36,410
Feb 201403,28497.406.19$20,335
Jan 20141813,56590.404.86$33,691
Dec 201303,66691.824.35$15,964
Nov 201303,52088.853.74$13,159
Oct 20131783,68197.423.78$31,253
Sep 201303,528104.113.72$13,116
Aug 201303,627104.253.52$12,777
Jul 201303,571102.523.72$13,276
Jun 201303,51894.403.93$13,838
May 20131773,65694.834.15$31,954
Apr 201304,81193.964.28$20,604
Mar 201305,38593.623.91$21,071
Feb 20131687,46291.233.42$40,846
Jan 2013065791.603.42$2,247
Dec 201202,41086.773.42$8,243
Nov 201204,64886.953.62$16,849
Oct 20121774,81889.383.40$32,200
Sep 201204,74694.672.92$13,851
Aug 20121724,75392.662.91$29,760
Jul 201204,63585.133.02$14,001
Jun 201204,63179.822.52$11,666
May 201204,77691.612.49$11,884
Apr 20121774,203101.652.00$26,385
Mar 201204,252105.052.22$9,448
Feb 201204,234101.102.57$10,882
Jan 201204,26198.092.73$11,650
Dec 20111804,54696.873.24$32,164
Nov 201105,14495.723.31$17,033
Oct 20111796,10384.983.65$37,478
Sep 20110083.623.99$0
Aug 201102,86283.404.15$11,875
Jul 201103,23394.144.52$14,604
Jun 20111763,73592.904.64$33,680
May 201104,28798.134.40$18,883
Apr 201100105.964.33$0
Mar 20111681,95596.364.06$24,121
Feb 201103,28785.644.18$13,740
Jan 201105,44486.504.59$24,981
Dec 20101802,52685.734.35$26,414
Nov 201004,39980.843.80$16,696
Oct 201002,70478.103.51$9,488
Sep 20101674,75672.633.98$31,056
Aug 201001,13073.684.42$4,994
Jul 20101814,76572.554.74$35,701
Jun 201003,15970.364.91$15,512
May 201003,54971.124.24$15,031
Apr 201003,09781.694.12$12,768
Mar 20101502,77678.394.39$23,941
Feb 201003,82573.585.44$20,817
Jan 201001,09474.365.96$6,525
Dec 20091715,39471.445.48$41,796
Nov 200902,44074.593.75$9,154
Oct 20091802,65172.544.11$23,953
Sep 200903,45565.543.06$10,589
Aug 200904,58667.423.22$14,760
Jul 200905,32861.133.46$18,459
Jun 200902,12366.163.90$8,269
May 200904,34654.743.93$17,061
Apr 200902,53446.773.59$9,091
Mar 20091753,84842.144.06$22,994
Feb 200903,41832.814.63$15,836
Jan 200904,55935.865.37$24,486
Dec 20081825,27337.105.98$38,270
Nov 200801,51255.496.86$10,373
Oct 200803,58275.246.92$24,795
Sep 20081682,792101.767.88$39,089
Aug 200806,410114.228.48$54,376
Jul 20080126131.0811.39$1,435
Jun 200804,642131.3313.03$60,497
May 20081682,491123.1711.57$49,524
Apr 20081835,574110.3110.45$78,462
Mar 200806,274101.909.66$60,632
Feb 20080092.538.77$0
Jan 200802,65890.388.21$21,811
Dec 200704,23988.337.30$30,953
Nov 200704,38391.677.29$31,960
Oct 20071703,70682.856.92$39,737
Sep 200704,09075.846.24$25,539
Aug 200704,03869.066.39$25,795
Jul 20071783,84570.906.39$37,182
Jun 200704,04262.007.55$30,511
May 200704,16458.747.85$32,672
Apr 200703,94759.617.81$30,807
Mar 20071794,28956.927.30$41,507
Feb 200703,75755.108.22$30,868
Jan 200703,91550.306.73$26,336
Dec 20061794,42256.656.92$40,734
Nov 200604,21154.207.62$32,077
Oct 200604,23154.906.01$25,444
Sep 20061734,02160.085.04$30,648
Aug 200604,08668.717.34$29,991
Jul 200604,54669.376.34$28,834
Jun 20061784,32166.286.38$39,383
May 200604,46966.016.42$28,713
Apr 200604,65364.397.36$34,248
Mar 20061794,96856.707.08$45,337
Feb 200604,79457.597.75$37,159
Jan 200604,25560.598.93$38,011
Dec 20051813,70954.9413.42$59,702
Nov 200504,03654.6910.59$42,735
Oct 200504,12858.3413.80$56,949
Sep 200503,87261.4512.08$46,770
Aug 200503,67861.519.80$36,033
Jul 20051814,47255.697.84$45,157
Jun 200504,53952.337.38$33,503
May 20051823,78145.226.65$33,378
Apr 200505,10649.207.36$37,583
Mar 200503,90350.377.15$27,926
Feb 20051823,91045.226.31$32,910
Jan 200504,14443.166.32$26,199
Dec 200403,92039.866.75$26,464
Nov 200404,31745.286.33$27,328
Oct 200404,54049.706.52$29,579
Sep 200403,72943.245.28$19,704
Aug 200404,50042.375.55$24,978
Jul 200404,89938.286.08$29,806
Jun 200403,42236.106.43$22,014
May 20041804,28137.486.49$34,550
Apr 200404,37534.475.86$25,631
Mar 200404,50734.365.53$24,924
Feb 200405,84032.455.51$32,176
Jan 20041835,65532.036.30$41,486
Dec 20031856,92030.266.30$49,205
Nov 20031876,31428.804.60$34,399
Oct 200306,70528.174.76$31,913
Sep 200307,26226.314.75$34,490
Aug 200309,73729.765.13$49,948
Jul 20031846,02129.415.17$36,545
Jun 200302,53428.565.98$15,161
May 2003012,86126.595.97$76,815
Apr 2003013,07726.675.41$70,711
Mar 20038031.146.10$249
Feb 20035033.487.93$167
Jan 200302,30630.315.58$12,872
Dec 20023223,39026.914.85$25,119
Nov 20020024.664.14$0
Oct 200203,24226.464.23$13,711
Sep 20021943,66327.443.64$18,639
Aug 2002010,76425.963.16$34,059
Jul 200205,55724.583.06$17,014
Jun 20023253,62323.733.34$19,807
May 200201,67324.663.58$5,996
Apr 200203,43723.653.51$12,072
Mar 200202,22622.003.10$6,907
Feb 200201,63918.222.38$3,894
Jan 20023564,35917.172.38$16,468
Dec 200102,66616.932.36$6,303
Nov 200103,69118.072.41$8,879
Oct 200102,93019.782.53$7,410
Sep 200102,59024.262.25$5,831
Aug 200103,65724.873.05$11,165
Jul 20013585,96823.933.20$27,647
Jun 200103,11924.563.82$11,928
May 200104,44225.524.31$19,133
Apr 20013564,66924.685.34$33,697
Mar 200104,31324.545.38$23,189
Feb 200102,45927.755.77$14,181
Jan 20011955,89327.478.40$54,851
Dec 200003,51726.889.12$32,084
Nov 200002,76532.215.66$15,644
Oct 20001985,41631.235.15$34,052
Sep 200004,68931.875.19$24,320
Aug 20001975,10329.644.54$29,011
Jul 200005,16128.534.09$21,107
Jun 20001994,60729.304.40$26,089
May 200006,62427.263.68$24,375
Apr 200004,74724.513.12$14,792
Mar 20001894,36328.422.86$17,848
Feb 20001784,81627.622.73$18,047
Jan 200004,18625.272.48$10,383
Dec 199902,78924.282.42$6,760
Nov 199905,52123.192.43$13,438
Oct 19992005,46520.982.80$19,518
Sep 19991995,72821.752.62$19,329
Aug 199905,07619.262.88$14,597
Jul 199905,12817.892.37$12,166
Jun 19991984,87415.942.36$14,669
May 199905,98015.792.32$13,880
Apr 199905,81115.102.21$12,831
Mar 19992003,98912.471.84$9,827
Feb 199905,5859.981.82$10,152
Jan 199905,94410.381.90$11,293
Dec 199805,0059.201.77$8,875
Nov 19983574,26410.892.19$13,208
Oct 199806,27312.421.97$12,353
Sep 199806,09312.592.08$12,689
Aug 199804,65611.301.91$8,881
Jul 199805,87311.742.24$13,139
Jun 199804,68611.242.24$10,484
May 19981915,87012.622.21$15,362
Apr 199805,88713.042.51$14,749
Mar 19981956,70112.802.31$17,972
Feb 199805,92413.952.30$13,620
Jan 199806,65614.702.15$14,342
Dec 199707,18116.322.41$17,314
Nov 199706,43218.193.09$19,864
Oct 199708,10019.253.15$25,514
Sep 19971907,78817.742.95$26,383
Aug 199706,96117.862.55$17,784
Jul 19971877,90717.582.25$21,054
Jun 199707,56817.242.26$17,082
May 199705,79718.972.31$13,382
Apr 19971915,35417.882.08$14,566
Mar 199707,14418.951.94$13,853
Feb 199706,58620.492.21$14,528
Jan 19971926,73123.483.54$28,334
Dec 199607,00223.32$0
Nov 199607,49921.97$0
Oct 19963577,38423.31$8,322
Sep 199606,85722.22$0
Aug 199607,86020.26$0
Jul 1996010,75419.55$0
Jun 199619110,34218.73$3,577
May 1996010,17719.43$0
Apr 199619210,20521.51$4,130
Mar 19961918,24919.38$3,702
Feb 1996014,58616.98$0
Jan 199619110,67217.07$3,260
Dec 199506,53917.19$0
Nov 1995011,64916.00$0
Oct 199535412,96715.43$5,462
Sep 199509,92816.18$0
Aug 199536111,71515.92$5,747
Jul 1995016,09815.24$0
Jun 199515113,12816.41$2,478
May 1995011,63017.56$0
Apr 199519225,38717.73$3,404
Mar 199507,25116.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 199417058815.03$2,555
Nov 199436513,20915.90$5,804
Oct 1994011,55515.58$0
Sep 199434713,10615.29$5,306
Aug 199436116,87516.13$5,823
Jul 199420216,35917.56$3,547
Jun 199436920,63217.09$6,306
May 1994017,35515.88$0
Apr 199441125,61614.14$5,812
Mar 199436423,75512.46$4,535
Feb 1994024,21712.50$0
Jan 199488826,13712.66$11,242
Dec 199349227,93912.33$6,066
Nov 199356128,78314.49$8,129
Oct 199336127,32815.85$5,722
Sep 199336320,58115.03$5,456
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate           182 bbl  × $106.41 =    $19,367
Gas                2,711 Mcf  × $  3.05 =     $8,257

────────────────────────────────────────────────────
Month total                                  $27,624

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/48189 is the state's own key, not one this site invented.